3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be fairly valued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for K L A-Tencor Corp
Our trading algorithm values K L A-Tencor Corp (KLAC) to be undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Buy |
| Current Price | $268.76 |
| 60 Day Prediction | $289.56 |
| 60 Day Pred - Lower Bound | $268.57 |
| 60 Day Pred - Upper Bound | $310.31 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.176 * nr_days_in_the_future + 284.287
Based on this information, our algorithm recommends the trading decision: Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
KLAC traded at $268.76 this Wednesday October 19th, loosing $-6.05 or -2.25 percent since last week.
Looking back, over the last month, KLAC has been loosing $-44.31 or -16.49 percent.
Over the last year, it has been loosing $-74.27 or -27.63 percent.
Seasonality of K L A-Tencor Corp
Using our AI model, we have been analyzing the value change for K L A-Tencor Corp depending on the day or month of a year. This can be seen in the following graph:
